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that you face, and i d not envy you, is you said the fits call consolidation, the consumption tax will go up next year and the following year, and you're certainly aware that will take a big hit on consumption on income that will have a negative impact on the economy, and i'm wondering how you're balancing these two different issues of fiscal consolidation and demand. [speaking japanese] >> translator: i think you have hit on the most important point, because whenever we may try to increase the taxes, it does not necessarily result in increasing the tax revenue. we have known the actual examples which have happened in the past in many nrsakg ne >> you can watch the rest of this online as we take you live now to the heritage foundation in washington, d.c. for remarks by senator mike lee of utah. he'll be talking about the conservative movement and the future of the republican party. >> in his most recent book, "we still hold these truths: rediscovering our principles, reclaiming our future." please join me in welcoming matt spalding. matt? [applause] >> thanks, jon. i thought you said cons
collection act because it is going to make online businesses the tax collectors for the nation. and as the "wall street journal" pointed out in an editorial today called "the internet sales tax rush," it actually puts brick and mortar, puts the internet businesses at a disadvantage to brick and mortar businesses in terms of requiring -- making requirements on online businesses to collect taxes for transactions that the online businesses would not have to. and for a state like mine of new hampshire where we do not have a sales tax, this is also particularly onerous and really tramples on the decision that new hampshire has made to not have a sales tax. but most importantly, where we stand right now with the -- with the bill pending on the floor, you know, so many times there is so much around here that happens that does not go through regular order, and yet we have been talking on both sides of the aisle how important it is that when we have a major piece of legislation, which certainly this is, that we must go through regular order and that you just heard from the chairman of t
♪ ♪ imus in morning ♪ >> here it comes. a wall street rally, a big new tax and delays at the airport. good monday morning, everyone. yes, minutes from now, stocks will go up modestly. gold has already zoomed about 30 bucks an ounce. several factors involved, including the terrorist kill and capture. that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> good morning, everyone, sorry to tell you this, but here comes maximum pain. air travelers, listen up. your
to vote this week on a proposal that could add taxes to all puchases made online. the marketplace fairness act would allow states to collect sales tax from online retailers. amazon and other etailers dodge paying sales tax in states where there is no storefront presence. opponets of the bill argue state sales tax laws are too complex for the legislation to work. brick and mortar stores contend the tax loophole gives online stores a price advantage. the ceo of yahoo is defending her decision to end the tech company's work from home policy. the controversy sparked in february when a yahoo memo revealed marissa mayer was insisting yahoo employees would work better in the office than home. last week at a conference in los angeles, mayer told a crowd her comments were wrongly perceived as an "industry narrative." she also clarified: people are more productive when they are alone, but more innovative when they are together. the "silver state" is facing a rising unemployment rate. nevada now has the highest unemployment rate in the nation at 9.7%. nevada, california and mississippi had been tied
report 7 communities are accused of using money to lobby higher taxes. fox business network diane macedo has more. >> a new report from a nonprofit group cause of action says at least 7 communities were a part of the a $373 million program to educate americans are obesity and tobacco. they violate the laws for hire taxes. the findings are part of a 19 month investigation on the center for disease control prevention communities putting prevention to work program. the report says xhients also appear to have violated cdc guidelines. congressional hearings in 2011 and follow up letters to help services address potential violations in a south carolina community where the state used program money to lobby for a city clean indoor air ordinance. the call to action says the violation was worse than disclosed. the group adds there are at least 7 other potential violations in florida georgia, california south carolina and they used tax payer money to lobby someone for smoking in workplace. and a statewide tobacco tax increase. they are asking for more investigation saying it's important to do anoth
today on a bill to let states collect sales tax on all online purchases. though ebay ceo has reportedly been recruiting users to rally against the measure. >>> and gas prices could drop another 20 cents by memorial day. it's due to falling oil prices and continued weak energy demand. good news for drivers looking to hit the road. richard? >> we will take that. thank you so much. >>> here are other stories we're keeping an eye on for you. if you're traveling by air today, allow a little more time. it's the first weekday with a 10% slash to the nation's air traffic controller work force. the furloughs went into place last night as part of the so-called sequester. delays were mostly nonexistent on sunday except for waits of up to an hour in and around new york and los angeles. but the real test begins today. the furloughs will last through september and are expected to save about $200 million. >>> the u.s. is on the offense when it comes to china and cybersecurity. "the wall street journal" reporting the obama administration is considering several aggressive options to confront china rangi
's what makes a subaru, a subaru. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> quarter past the hour now. i'm john berman live in boston this morning. let's bring you up to date. krystle campbell will be laid to rest later this morning. she's one of the three people killed in last week's boston marathon bombing. the surviving suspect, 19-year-old dzhokhar tsarnaev is in the hospital right now in serious but stable condition with a gunshot wound to the neck. he could be criminally charged as irlly as today, and we are waiting to find out what, if anything, he might be communicating to law enforcement officials. zoraida? >> let's get you up to date on some other stories.
. >> investigators and taxes have not determined a cause of the explosion that killed 14 people including 10 first responders and a fertilizer plant in west texas. investigators say they pinpointed where the blast originated. the mpeg damaged or destroyed dozens of homes and businesses leaving hundreds of people homeless and in need of help. authorities have also released 91 tapes that captured the initial panic after the fire and massive blast. >> there was some type of explosion and our house, all of the windows are completely blocked and. the walls, part of it is blown off. >>, down and take a deep breath. we are aware of the situation and we are sending people out there as soon as we can. >> city leaders allowed some residents to return to their homes are the weekend but they still face strict curfews. fire officials will hold a memorial service at baylor university on thursday and honor of the volunteer firefighters who died. >> the boy scouts of america are proposing to partially lift its longtime ban on homosexuals. this proposal comes after weeks of private deliberation between the organiz
for internet sales to collect sales tax. >>> and the "washington post" says investors are pouring more money. some wealthy buyers make up 70% of sales. >>> all right. weather looking good around the bay area. nice sunny start to the day to the coastline. the temperatures staying fairly mild in some spots. in the upper 50s already in some areas. 57 degrees in oakland. 57 in vallejo. 57 degrees in san francisco. this afternoon sunshine to the coast.60s evenat th 70s inside the bay and 90 degrees inland in the warmest spots. next couple of days starting to cool down fog returning by wednesday. >> announcer: this national weather report sponsored by the big wedding starring robert d dinero katherine heigl and diane keeton in theaters friday. >>> two police officers were guthe manhunt more the marathon bombers. one gave his life. the other nearly lost his. this morning the friends who became heroes. >>> a legal battle is already brewing over the surviving suspect. should he be treated as an enemy combatant. >>> and a historic tragedy in the rockies. >> i figured,
Search Results 0 to 8 of about 9